NOBLE ASSETS · Property and capital in Portugal
Taxes and costs when buying property in Portugal
Understand what you will pay, which rules apply to the buyers and which figures to put in your purchase budget. We will check the calculation for your property and prepare the transaction.
Rules checked on 15 September 2026
IMT: location, use and buyer circumstances
The 2026 tables distinguish a permanent home, another residential use and eligible young buyers. Madeira and the Azores have their own published thresholds. Use the table matching the location and the purchase; higher-value bands can apply a single rate to the whole taxable value.
2026 IMT tables
| Taxable value (€) | Rate | Deduction (€) |
|---|---|---|
| Up to €106,346.00 | 0% | €0.00 |
| €106,346.01 … €145,470.00 | 2% | €2,126.92 |
| €145,470.01 … €198,347.00 | 5% | €6,491.02 |
| €198,347.01 … €330,539.00 | 7% | €10,457.96 |
| €330,539.01 … €660,982.00 | 8% | €13,763.35 |
| €660,982.01 … €1,150,853.00 | 6% Single rate | €0.00 |
| Above €1,150,853.00 | 7.5% Single rate | €0.00 |
Choose the row for the whole property value, multiply by its rate and subtract the deduction. For a share, apply the buyer’s percentage to that result. The special nonresident rule is explained below.
Buying while living abroad
The current nonresident rule is 7.5% for residential property, with statutory exceptions. Having been a Portuguese tax resident before matters. For marital community property, the tax residence history of either spouse matters; separate ownership shares are assessed individually.
Residence plans and a later refund
A buyer who becomes a Portuguese tax resident within two years can request repayment of the difference under the applicable rules. A qualifying residential rental can also create a refund route: the rental must begin within six months and meet the rent and duration conditions. The request deadline is six months from the relevant residence or rental event.
A later tax refund does not reduce the cash needed for this purchase.
IMT Jovem: check each buyer
The buyer must be aged 35 or younger at purchase, buying a first permanent home, and not an IRS dependent in that year. Existing residential property rights or such rights held in the previous three years affect eligibility. This includes shares and other parts of the ownership right.
For eligible purchases on the mainland, the full IMT threshold is €330,539 and partial relief extends to €660,982. In the autonomous regions the corresponding limits are €413,174 and €826,228. A buyer’s ownership share does not turn the price of a more expensive property into a lower table band.
Permanent-home relief also has conditions after purchase. Use as a permanent home must begin within six months. A later change of use can affect the benefit, with exceptions in the law. We will check your intended use and timing before you commit.
Stamp duty on the purchase and on the loan
Purchase stamp duty is normally 0.8% of the taxable value. The young buyer deduction is separate. A mortgage has its own stamp duty: 0.6% of the amount drawn for a term of five years or more, or 0.5% for a term from one year to less than five. Young buyer purchase relief does not remove the duty on the mortgage.
Completion, registration and professional work
Casa Pronta: €375 for one registration act or €700 for a purchase with a mortgage. This includes the service and registration; do not add a second notary charge for the same work.
Young buyers can have registration exemptions or a reduction in the Casa Pronta procedure fee. That does not make every part of completion free. Enter the confirmed fee in the calculator. Legal work, translations, representation and bank costs depend on the work and the quotations for your purchase.
Prepare payment before completion
Arrange the tax assessment and payment before signing the final purchase deed. The current general IMT payment window is the assessment day or the following 30 days; this is not permission to complete a standard deed with unpaid tax. Keep the assessment and payment records with your purchase documents.
We will check your property and tax position
Send the property details, price, VPT and who will be buying. Tell us about any previous Portuguese tax residence, shared ownership or relief you want to use. We will identify the work needed and propose the service and its price.
Continue planning your purchase
Sources and calculation details
Rules checked on 15 September 2026